Tech Runners: Facebook Inc (NASDAQ:FB), Intel Corporation (NASDAQ:INTC), Zynga Inc (NASDAQ:ZNGA), Twitter Inc (NYSE:TWTR), Micron Technology, Inc. (NASDAQ:MU)

Technology Stocks News 19

Usmanov has sold most of his Facebook Inc. (NASDAQ:FB) shares and expects to benefit from investments in China’s Internet giants Alibaba Group Holding Ltd. and JD.com Inc. (JD), Ivan Streshinskiy, head of the billionaire’s asset-management company USM Advisors LLC, said in March. Facebook Inc (NASDAQ:FB) stock performance was -1.09% in last session and finished the day at $62.50. Traded volume was 42.44million shares in the last session and the average volume of the stock remained 66.19million shares. Facebook Inc (NASDAQ:FB) insider ownership is 0.50%.

Intel Corporation (NASDAQ:INTC) VP William M. Holt unloaded 13,331 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $27.41, for a total transaction of $365,402.71. Following the sale, the vice president now directly owns 27,328 shares of the company’s stock, valued at approximately $749,060. Intel Corporation (NASDAQ:INTC) rose 1.84 percent to $28.17 Friday on volume of 34.80million shares. The intra-day range of the stock was $27.73 to $28.21. Intel Corporation (NASDAQ:INTC) has a market capitalization of $140.23billion.

In 2013, Zynga Inc (NASDAQ:ZNGA) laid off 520 workers — 18% of its total workforce — to control and cut costs. The stock has seen highs of $14.69 in March 2012 and lows of $2.12 in November 2012. Zynga Inc (NASDAQ:ZNGA)’s stock on June 06, 2014 reported a increase of 0.17% to the closing price of $2.97. Its fifty two weeks range is $2.50 -$50.89. The total market capitalization recorded $2.63billion. The overall volume in the last trading session was 30.94million shares. In its share capital, ZNGA has 884.47million outstanding shares.

Twitter Inc. (NYSE:TWTR), LinkedIn Corp., AOL Inc., Google Inc., Apple Inc., Yahoo Inc., Facebook Inc. and Microsoft Corp. are pushing for tighter controls over electronic espionage in hopes of protecting their industry’s livelihood. The companies are also encrypting emails and other personal information transmitted across their services to make the data more difficult if it’s intercepted by government spies. On Friday, shares of Twitter Inc (NYSE:TWTR) dropped -1.65% to close the day at $33.33. Company return on investment (ROI) is -20.10% and its monthly performance is recorded as 8.71%. Twitter Inc (NYSE:TWTR) quarterly revenue growth is -37.74%.

Micron Technology, Inc (NYSE:MU) Director Lawrence N. Mondry sold 10,000 shares of the stock on the open market in a transaction dated Thursday, June 5th. The stock was sold at an average price of $29.10, for a total transaction of $291,000.00. Following the transaction, the director now directly owns 165,834 shares in the company, valued at approximately $4,825,769. Micron Technology, Inc. (NASDAQ:MU) stock performance was 1.72% in last session and finished the day at $29.54. Traded volume was 18.32million shares in the last session and the average volume of the stock remained 28.40million shares. The beta of the stock remained 1.81. Micron Technology, Inc. (NASDAQ:MU) insider ownership is 0.60%.

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